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Investor purchases are sinking with the housing market at large

Housing Wire

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash. compared to September 2023.

Investors 416
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The housing market is now savagely unhealthy

Housing Wire

You can see why I have been on team higher mortgage rates for some time now because we don’t have any other way to get off this madness. To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 even for rental housing. months and down from 2.0

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Real estate investors purchased 16% of homes in Q3 2024

Housing Wire

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% Investors purchased $38.8 As the U.S.

Investors 421
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Home Investors Pull Back as Rates and Prices Remain High

Appraisal Buzz

Stubbornly elevated mortgage rates and home prices are discouraging investor activity in the U.S. housing market. According to a new report from CoreLogic , while investor activity rose slightly between the second and third quarters of 2024, their market share remains below last years level25% compared to 28% in 2023.

Investors 397
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Fannie alters 2021 forecast due to housing market shortage

Housing Wire

A full month of sub-3% mortgage rates , ongoing housing market supply constraints, and a 300% increase in lumber prices over the past 15 months has prompted Fannie Mae ‘s Economic and Strategic Group to revise several of its 2021 forecasts. months of housing market supply sat ready on the market.

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The housing market won’t crash in 2021. Here’s why

Housing Wire

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. This is why I stress that housing is the cost of shelter to your capacity to own the debt, not an investment.

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The savagely unhealthy housing market is now a nightmare

Housing Wire

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%